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2557 55th Avenue South

2557 55th Avenue South, Fargo, ND 58104
Property in Fargo
Sold May 14, 2021
$252,000
$239,400 by First Community Cu
Mortgage Due Jun 01, 2051
Sold Feb 12, 2018
$210,500
$204,185 by Town & Country Cu
Mortgage Due Mar 01, 2048
2557 55th Avenue South in Fargo, ND was first built in 2009 and is 15 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. 2557 55th Avenue South has 1,007 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 5,432 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2557 55th Avenue South was last sold in May 14, 2021 for $252,000. According to our calculations, that's $250.25 per sqft. Prior to that sales transaction, the property was sold for $210,500 in Feb 12, 2018. Current property owners are expected to pay $4,623 in taxes per year. The property on 2557 55th Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $124,400. To break that down further, the land itself was valued at $19,100. While improvements to the property were assessed at a total of $105,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Building Style: Bi-level
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,432
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,007
  • Building Area: 1,007
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE GROVE
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRAIRIE GROVE 1ST ADDN LT 13 BLK 6

Ownership

  • Current Owner : SHERBROOKE MATTHEW
  • Current Owner 2: SHERBROOKE TESSA
  • Previous Owner : LINDBERG KYLE
  • Previous Owner 2: LINDBERG JENNA M
  • Owner Before Previous Owner: WALOCK BENJAMIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fargo Public School District 1
  • School Tax School District: S001
  • Census Tract: 040505

Zoning

  • Zoning: SR4

Geography

  • District: 1
  • Parcel: 01-8386-00780-000
  • Block: 6
  • Lot: 13
  • Municipality: FARGO CITY
  • Latitude: 46.7989
  • Longitude: -96.8202

    Address

  • Full Address: 2557 55th Ave S
  • Address - House Number: 2557
  • Street Segment Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Fargo
  • Carrier Code: R018
  • 4-Digit Zip Code: 6360
  • Zip Code: 58104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,623

    Appraisal Valuation

  • Standard Deviation: 0.1471
  • Valuation Date: May 31, 2023
  • Confidence Score: 82
  • Final Value: 288,634
  • High Value: 331,097
  • Low Value: 246,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,400
  • First Open Lien Mortgage Lender: FIRST COMMUNITY CU
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $239,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $248,800
  • Market Land Value: $38,200
  • Market Improvement Value: $210,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,400
  • Assessed Land Value: $19,100
  • Assessed Improvements Value: $105,300

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11837311681
  • Current Sale Price: $252,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1632375
  • Previous Sale Recording Date: Feb 12, 2018
  • Previous Sale Contract Date: Feb 12, 2018
  • Previous Sale Amount: $210,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY CU
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $239,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TOWN & COUNTRY CU
  • Previous Mortgage Transaction Date: Feb 12, 2018
  • Previous Mortgage Loan Amount: $204,185
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Fargo



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Frequently Asked Questions

What neighborhood is 2557 55th Avenue South located in?
The 2557 55th Avenue South is a located in the neighborhood of Fargo in Fargo, Fargo.
What is the average sales price for listings in 2557 55th Avenue South?
The average sales price for units in 2557 55th Avenue South is $0 currently.

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